Footnotes

Chapter 1 - Introduction

[1]        Selection of Bills Committee, Report No. 2 of 2011, p. 1.

[2]        Selection of Bills Committee, Report No. 2 of 2011, Appendix 5.

[3]        House of Representatives Standing Committee on Economics, Inquiry into the Income Tax Rates Amendment (Temporary Flood Reconstruction Levy) Bill 2011; and the Tax Laws Amendment (Temporary Flood Reconstruction Levy) Bill 2011, February 2011, p. 20.

[4]        The Hon Rachel Nolan MP, State Member for Ipswich, Submission 6, p. 1.

[5]        House of Representatives Standing Committee on Economics, Inquiry into the Flood Levy, February 2011, pp 2-3.

[6]        The Hon Wayne Swan, Treasurer, Economic Note, 13 February 2011, p. 1.

[7]        Tax Laws Amendment (Temporary Flood and Cyclone Reconstruction Levy) Bill 2011, Income Tax Rates Amendment (Temporary Flood and Cyclone Reconstruction Levy) Bill  2011, Explanatory Memorandum, para 1.31, p. 9.

[8]        Explanatory Memorandum, para 1.32, p. 9.

[9]        Explanatory Memorandum, p. 9.

[10]      Explanatory Memorandum, p. 2.

[11]      Scrutiny of Bills Committee, Alert Digest 2/11, 2 March 2011, p. 25, 38.

[12]      Attorney General's Department, Natural Disaster Relief and Recovery Arrangements Funding Assistance, http://www.ag.gov.au/www/emaweb/emaweb.nsf/Page/EmergencyManagement_RecoveringfromEmergencies_NaturalDisasterReliefandRecoveryArrangements_NDRRAFundingAssistance  (accessed 7 March 2011).

[13]      Attorney General's Department, Natural Disaster Relief and Recovery Arrangements Funding Assistance, http://www.ag.gov.au/www/emaweb/emaweb.nsf/Page/EmergencyManagement_RecoveringfromEmergencies_NaturalDisasterReliefandRecoveryArrangements_NDRRAFundingAssistance  (accessed 7 March 2011).

[14]      Attorney General's Department, Natural Disaster Relief and Recovery Arrangements Funding Assistance, http://www.ag.gov.au/www/emaweb/emaweb.nsf/Page/EmergencyManagement_RecoveringfromEmergencies_NaturalDisasterReliefandRecoveryArrangements_AbouttheNDRRA (accessed 7 March 2011).

[15]      House of Representatives Standing Committee on Economics, Inquiry into the Flood Levy, February 2011, p. ix.

[16]      House Committee on Economics, Inquiry into the Flood Levy, February 2011, p. 6.

[17]      House Committee on Economics, Inquiry into the Flood Levy, February 2011, p. 8.

[18]      House Committee on Economics, Inquiry into the Flood Levy, February 2011, p. 14.

[19]      House Committee on Economics, Inquiry into the Flood Levy, February 2011, p. 16.

[20]      House Committee on Economics, Inquiry into the Flood Levy, February 2011, pp. 14-15.

[21]      House Committee on Economics, Inquiry into the Flood Levy, February 2011, p. 15.

[22]      House Committee on Economics, Inquiry into the Flood Levy, February 2011, p. 16.

Chapter 2 - Implementation of the levy

[1]        Tax Laws Amendment (Temporary Flood and Cyclone Reconstruction Levy) Bill 2011, Income Tax Rates Amendment (Temporary Flood and Cyclone Reconstruction Levy) Bill  2011, Explanatory Memorandum, p. 2.

[2]        Explanatory Memorandum, p. 2.

[3]        Explanatory Memorandum, p. 2.

[4]        Explanatory Memorandum, p. 5.

[5]        Mr Michael Willcock, General Manager, Personal and Retirement Income Division, Department of the Treasury, Proof Committee Hansard, 11 March 2011, p. 13; Mr Mark O'Connor, Assistant Commissioner, Australian Taxation Office, Proof Committee Hansard, 11 March 2011, p. 13.

[6]        Tax Laws Amendment (Temporary Flood and Cyclone Reconstruction Levy) Bill 2011, item 3 of table, p. 2; Income Tax Rates Amendment (Temporary Flood and Cyclone Reconstruction Levy) Bill 2011, item 3 of table, p. 2.

[7]        Mr Michael Willcock, Department of the Treasury, Proof Committee Hansard, 11 March 2011, p. 11.

[8]        Mr Mark O'Connor, Australian Taxation Office, Proof Committee Hansard, 11 March 2011, p. 11.

[9]        Proof Committee Hansard, 11 March 2011, p. 12.

[10]      Proof Committee Hansard, 11 March 2011, p. 12.

[11]      Explanatory Memorandum, 11 March 2011, p. 7.

[12]      Proof Committee Hansard, 11 March 2011, p. 12.

[13]      The Hon Julia Gillard MP, Prime Minister, Address to the National Press Club, I see what needs to be done and I will do it, 27 January 2011, p. 3.

[14]      The Hon Julia Gillard MP, Prime Minister, Second Reading Speech, House of Representatives Hansard, 10 February 2011, p. 2.

[15]      Tax Laws Amendment (Temporary Flood and Cyclone Reconstruction Levy) Bill 2011, lines 28-31, p. 4, and lines 1-2, p. 5.

[16]      Income Tax – Temporary Flood and Cyclone Reconstruction Levy Exemptions 2011, Draft legislative instrument, http://www.treasury.gov.au/floodrebuild/content/downloads/DRAFT_legislative_instrument.pdf, (accessed 12 March 2011).

[17]      Proof Committee Hansard, 11 March 2011, p. 9.

[18]      Mr Michael Willcock, Proof Committee Hansard, pp 9-10; Draft legislative instrument, http://www.treasury.gov.au/floodrebuild/content/downloads/DRAFT_legislative_instrument.pdf, (accessed 12 March 2011).

[19]      Mr Marty Robinson, Manager, Household Modelling and Analysis Unit, Department of the Treasury, Proof Committee Hansard, 11 March 2011, p. 13.

[20]      Proof Committee Hansard, 11 March 2011, pp 12-13.

[21]      Proof Committee Hansard, 11 March 2011, p. 13.

Chapter 3 - Issues raised

[1]        Mr Saul Eslake, The Grattan Institute, Proof Committee Hansard, 11 March 2011, p. 1; Dr Richard Denniss, Executive Director, The Australia Institute, Proof Committee Hansard, 11 March 2011, p. 17; Professor Tony Makin, Griffith Business School, Proof Committee Hansard, 11 March 2011, p. 14.

[2]        Mr Saul Eslake, Proof Committee Hansard, 1 March 2011, p. 1; Dr Richard Denniss, Executive Director, The Australia Institute, Proof Committee Hansard, 11 March 2011, pp. 17-18.

[3]        The Treasury, Rebuilding after the floods, http://www.treasury.gov.au/floodrebuild/content/default.asp, (accessed 11 March 2011).

[4]        The Hon Julia Gillard MP, Prime Minister, 'Rebuilding after the floods', Media release, 27 January 2011.

[5]        The Hon Julia Gillard MP, Prime Minister, 'Rebuilding after the floods, Attachment 4: infrastructure and flood recovery', Media release, 27 January 2011.

[6]        The Hon Julia Gillard MP, Prime Minister, 'Rebuilding after the floods', Media release, 27 January 2011.

[7]        Professor Tony Makin, Griffith Business School, Submission 2, p. 2.

[8]        Professor Tony Makin, Griffith Business School, Submission 2, p. 2.

[9]        Professor Tony Makin, Griffith Business School, Proof Committee Hansard, 11 March 2011, p. 15.

[10]      Mr Saul Eslake, House Economics Committee Hansard, 16 February 2011, p. 30.

[11]      Dr Richard Denniss, Executive Director, The Australia Institute, Proof Committee Hansard, 11 March 2011, pp. 20-21; Professor Warwick McKibbin, House Economics Committee Hansard, 16 February 2011, p. 37.

[12]      Professor Warwick McKibbin, House Economics Committee Hansard, 16 February 2011, p. 37.

[13]      Australian Council of Trade Unions (ACTU), Submission 4, p. 2.

[14]      Australian Council of Trade Unions (ACTU), Submission 4, p. 1.

[15]      Professor Warwick McKibbin, House Economics Committee Hansard, 16 February 2011, p. 37.

[16]      Dr Richard Denniss, The Australia Institute, Proof Committee Hansard, 11 March 2011, pp 20-21.

[17]      Mr Saul Eslake, House Economics Committee Hansard, 16 February 2011, pp 29-30.

[18]      Australian Council of Trade Unions (ACTU), Submission 4, p. 1.

[19]      The Hon Julia Gillard MP, Prime Minister, Questions about the flood levy answered, http://www.pm.gov.au/blog/questions-about-flood-levy-answered (accessed 15 March 2011).

[20]      Mr Greg Hoffman, Director, General Manager and Advocate, Local Government Association of Queensland, Proof Committee Hansard, pp 21-22.

[21]      The Hon Julia Gillard MP, Prime Minister, Address to the National Press Club, I see what needs to be done and I will do it, 27 January 2011, p. 1; The Hon Julia Gillard MP, Prime Minister, 'Rebuilding after the floods', Media release, 27 January 2011.

[22]      The Hon Julia Gillard MP, Prime Minister, Address to the National Press Club, I see what needs to be done and I will do it, 27 January 2011, p. 2.

[23]      The Hon Julia Gillard MP, Prime Minister, Address to the National Press Club, I see what needs to be done and I will do it, 27 January 2011, 27 January 2011, p. 2.

[24]      Tax Laws Amendment (Temporary Flood and Cyclone Reconstruction Levy) Bill 2011 and the Income Tax Rates Amendment (Temporary Flood and Cyclone Reconstruction Levy) Bill 2011, Explanatory Memorandum, p. 3.

[25]      Mr Saul Eslake, Proof Committee Hansard, 11March 2011, p. 1.

[26]      Dr Richard Denniss, The Australia Institute, Proof Committee Hansard, 11 March 2011, p. 17.